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1 Worlds largest medical center with 42 institutions.
2 Second largest port in the US in total tonnage.
3 Second largest theater district with four permanent resident ballet, opera, symphony and theater companies.
4 Third largest consular corps in the US with 79 consulates 90 languages are spoken in Houston.
5 Fourth largest Museum District in the US with 6 million annual visitors.
6 Fourth largest airport system in the US
7 Fifth largest shopping center in the world.
8 Only city to have two retractable roof sports stadiums.
9 Home of Johnson Space Center
10 Restaurants number 5000 not including fast food.
weather
The Katrina effect
Renters in Houston can thank Hurricane Katrina for boosting their rents.
Due in part to the influx of evacuees last fall, Houston’s apartment
occupancy rate jumped almost 5% to 94%, and rents climbed 3% to an average
of $692. Atlanta, Dallas, Birmingham Ala., and Nashville, Tenn. also
reported gains as relocations from Katrina began setting down roots. A
recent survey by the National Multi-Housing Council of large apartment
owners showed that 42% had seen "modest" improvement in leasing as these
new residents moved from hotels to apartments. While some of these new
apartment residents could return home in the next year, analysts believe
many will remain in their new homes."Probably somewhere around half of the
people who spread out to new locations will end up staying in those
locations".
Houston apartment rental prices The three
priciest rental markets in 2005's last quarter were in some of the
tightest markets with the biggest hurdles for new construction. New York
City leads the pack with an average monthly rent of $2,400. San Francisco
and Los Angeles round out the top three with rents of $1573 and $1,421,
respectively. The Occupancy rate for New York City was 97.1%; it was 96.4%
for San Francisco and 97.8% for Los Angeles.
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